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Egypt had secured a $2.4 million grant from the MENA Transition Fund, for which the World Bank serves as the trustee.

The company announced a net profit of AED30.3 million for the period ended 30th of June 2016/

Sunday, July 31, 2016 - The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services. To view the full IFG Briefing click here: http://tmsnrt.rs/2aG98bCFEATURE Turkish banking watchdog cancels operating rights of Bank Asya Turkey&aposs banking watchdog (BDDK) has cancelled the oper

Egyptian Takaful Property and Liability Insurance will commit around $200,000 to the capacity subscription of a planned insurance pool designated to insure nuclear facilities and projects in Egypt.

Takaful firms have managed to capture 11.46% of the total insurance premiums in the country throughout the first four months of the current year.

The policy is tailored to insure the company's tangible fixed and current assets, for the financial year 2016/2017.